Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium
  4. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $4,795 per ton in 2022, dropping by -21.6% against the previous year. Over the period under review, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 28%. The import price peaked at $9,692 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($21,545 per ton), while the price for the Netherlands ($1,996 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium (FOB) - 2022

The average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $9,041 per ton in 2022, approximately equating the previous year. In general, the export price, however, saw a mild slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 22% against the previous year. As a result, the export price attained the peak level of $13,311 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($12,759 per ton), while the average price for exports to the UK ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.9%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium

In 2022, the amount of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds imported into Belgium expanded remarkably to 277 tons, growing by 11% compared with the year before. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds reduced to $1.3M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 56% against the previous year.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A0.4N/A4173128.8%
Turkey2501642642641.8%
Netherlands320289172231-10.3%
China69.614813812521.6%
Italy8.328.329.2115140.2%
Vietnam0.311211372.2522.0%
Germany17727438810.0-61.6%
Others14950442896.0-13.6%
Total9741,5201,5331,33010.9%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Belgium in 2022:

  1. Netherlands (115.8 tons)
  2. Turkey (66.8 tons)
  3. China (38.6 tons)
  4. United Kingdom (19.4 tons)
  5. Vietnam (14.8 tons)
  6. Italy (11.6 tons)
  7. Germany (0.6 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium

In 2022, shipments abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -48.2% to 91 tons, falling for the second year in a row after two years of growth. Over the period under review, exports showed a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 59%. As a result, the exports reached the peak of 193 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds shrank markedly to $823K in 2022. In general, exports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 39%. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France56.255059330375.3%
Poland12911816819214.2%
Netherlands34038224692.5-35.2%
Tunisia9.87.026.367.089.8%
Romania93.786.950.952.8-17.4%
Germany88.453.049.332.4-28.4%
Bangladesh39.766.214830.2-8.7%
Finland12710780.2N/A-20.5%
Estonia84.254.318.1N/A-53.6%
Others24525520453.0-40.0%
Total1,2131,6801,584823-12.1%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Belgium in 2022:

  1. France (35.9 tons)
  2. Netherlands (18.6 tons)
  3. Poland (16.5 tons)
  4. Tunisia (5.3 tons)
  5. Romania (5.2 tons)
  6. Germany (2.8 tons)
  7. Bangladesh (2.6 tons)

Source: IndexBox Market Intelligence Platform

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